
China’s NFRA Pledges Support for Small Private Businesses
China’s NFRA pledges to solve financing challenges for private enterprises, especially small businesses, bringing more benefits to the private sector, according to NFRA head Li Yunze.
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China’s NFRA pledges to solve financing challenges for private enterprises, especially small businesses, bringing more benefits to the private sector, according to NFRA head Li Yunze.

China’s small businesses received over $131 billion in tax cuts in the first nine months of 2023, boosting growth and employment as part of the government’s efforts to support economic development.